A Note on the 'Accelerationist' Controversy
A Note on the 'Accelerationist' Controversy
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关于“加速主义”争议的注释
DOI:
10.2307/1991369
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发表时间:
1971
期刊:
影响因子:
--
通讯作者:
T. Sargent
中科院分区:
文献类型:
--
作者:
T. Sargent
Here Frt is the public's anticipated rate of commodity price inflation, wt is the wage rate at time t, Ut is the unemployment rate, andf(Ut, * * * ) is the shortrun Phillips curve with Af/d U < O and with the sequence of dots representmg a list of other variables; st is an unobservable random variable. In order to implement (1) empirically, an observable proxy for 7rt must be obtained. Almost always this requirement is filled by using the Fisher-Cagan2 equation